BRUSSELS – Hungary removed its veto on the EU\’s six-month extension of Russia sanctions on Monday, but it may not be its last standoff. The deal was struck after the EU agreed to issue a joint, non-binding statement by top diplomat Kaja Kallas and the European Commission to support Hungary\’s energy security at Monday\’s […]
Continue ReadingOil prices are declining as a result of new policies aimed at increasing fossil fuel production under President Donald Trump, however, experts predict that regulatory changes targeting the sector will have a limited impact on the broader oil market. On January 20, when he took office, Trump signed several executive orders, including one declaring a […]
Continue ReadingObscure laws to be marshaled to build pipelines, power plants ‘God Squad’ to weigh projects that threaten endangered species President Donald Trump’s declaration of an energy emergency opens the door to wield sweeping Cold War-era powers and little-known authorities to fast track pipelines, expand power grids and save struggling coal plants. By invoking the country’s national and […]
Continue ReadingNew Delhi’s role as a counterweight to China solidifies its status as Washington’s’ key partner in South Asia, outweighing short-term concerns over Russian oil revenues The year 2025 had barely started when the outgoing Joe Biden administration presented a belated \’holiday gift\’ to Russian oil exporters. Washington announced a new sanctions package – the “most […]
Continue ReadingThe world’s biggest crude oil exporter, Saudi Aramco, bought this week its first cargo of U.S. WTI Midland, the crude grade which is now part of the dated Brent benchmark, S&P Global Commodity Insights told Reuters. The Saudi oil giant, which is also the world’s biggest oil company, bought the cargo in the Platts window from […]
Continue ReadingIndia has been granted permission to unload sanctioned Russian oil at its ports until February 27. The US sanctions have disrupted India\’s access to cheap Russian oil, and Indian refiners are scrambling for alternative supplies. India will continue to buy Russian oil only if it meets certain conditions, including a price cap of $60 per […]
Continue ReadingENB Pub Note: We recommend following Andrew Korybko\’s newsletter on Substack. He has an in-depth view of lots of geopolitical issues. Trump’s preference for sanctions and his latest threat to double down on secondary ones could derail India’s careful multi-alignment between the US and Russia by forcing it to choose between them. The media has […]
Continue ReadingEmmanuel Johnson sees Abuja’s partnership with the group as a way to boost economic growth and geopolitical influence Nigeria’s recent accession to BRICS as a partner state is a major step towards economic revival and reducing Western influence, Emmanuel Chukwuka Johnson, chairman of the Nigeria-Russia trade and investment advisory council, has told RT in […]
Continue ReadingSan Marino, Guyana, Sierra Leone, Comoro Islands, Guinea Bissau and most notably Guinea are the flag states that stand out for their extraordinary fleet growth in the latest data compiled in Clarksons Research’s World Fleet Monitor, statistics that highlight the whack-a-mole game authorities in the West are having to fight in their bid to crack […]
Continue ReadingIn an exclusive interview with Energy Capital & Power, Pedro Ribeiro, Managing Director and Country Chair – Libya for TotalEnergies, shared the company\’s strategic plans to enhance field performance, increase production at Waha and Sharara and advance exploration efforts in the Murzuq Basin. With TotalEnergies participating in approximately half of Libya’s national production, how do […]
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